GSO Capital Partners has appointed David Flannery as a Senior Managing Director focusing on distressed strategies in both private and public markets. He will be based in New York and brings to Blackstone his extensive experience across leveraged finance.
With nearly 25 years of industry experience, Flannery joins Blackstone from Anchorage Capital Group, where he focused on illiquid credit opportunities and CLOs. Prior to joining Anchorage, he worked at Bank of America Merrill Lynch (BAML) for five years where he held several global group head roles including Chief Risk Officer of Global Banking & Markets and Global Head of Leveraged Finance. Prior to joining BAML, David was the Global Head of Leveraged Finance at Deutsche Bank. Flannery began his career at Bankers Trust Company.
“We are thrilled to welcome David to our team,” says Bennett Goodman, Senior Managing Director and Co-Founder of GSO. “As we continue to see expanding opportunities in the distressed arena, David’s deep industry knowledge and proven leadership in leveraged finance will be a meaningful addition to the team.”
Flannery adds: “I am delighted to join the GSO team at Blackstone. They are recognised as a true leader in the space and I look forward to working closely with the team as we continue to explore and pursue growing opportunities in the sector.”
